Rebuilding China

AUTHOR(S)

Flannery, Russell

PUB. DATE

July 2008

SOURCE

Forbes Asia;7/21/2008, Vol. 4 Issue 13, p120

SOURCE TYPE

Periodical

DOC. TYPE

Article

ABSTRACT

The article focuses on rebuilding of the cement industry in China by investing in the sector. It states that the central government wants to cut the number of cement suppliers to 3,000 from 5,000 due to environmental factors. Deutsche Bank AG says that the demand for cement in China will grow by 61% by mid-2009 due to the earthquake of May 2008. It is stated that investing in the sector includes the risk of President Hu Jintao intervention in the free-market economy to impose price controls.

ACCESSION #

34379580

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